Energy scarcity, tariff can reverse all the gains: Mian Zahid Hussain

Karachi, January 15, 2021 (PPI-OT): Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said a reduction in import duties on 152 items coupled with other positive steps are pushing economic activities.
More incentives are needed to spur growth otherwise the budget deficit wRead More…

Realme manifested to improve picture quality through innovation by introducing 64MP camera

Islamabad, January 15, 2021 (PPI-OT): Realme has launched some best camera phones in the market. They have matched all the requirements of the customers. The increasing quality and features have threatened the competition as well. Realme has constantly improved and advanced the camera pixels in their mobile phones. Every year, they introduce remarkable mobile phones that focused on providing innovative solutions for Read More…

CDC successfully processes 1st cash dividend through RAAST of “Pak Datacom Limited”

Karachi, January 15, 2021 (PPI-OT): As a historic milestone in the country’s payment landscape, Central Depository Company (CDC) has successfully processed the Cash dividend of “Pak Datacom Limited” through State Bank’s RAAST payment gateway. It is indeed a moment to celebrate for both CDC and Pak Datacom Limited as both the companies were the first entities to utilize the services of Pakistan’s new and fasRead More…

UK eyes 10 billion pound bilateral trade potential with Pakistan

Islamabad, January 15, 2021 (PPI-OT): Mike Nithavrianakis, Deputy High Commissioner of UK in Karachi and Trade Director for Pakistan said that his country wanted to increase bilateral trade with Pakistan from existing £3 billion to £ 10 billion to achieve mutually beneficial outcomes for both countries. He said that improving bilateral trade and economic relations between the UK and Pakistan would bring progress anRead More…

German Consul General calls on Administrator Karachi Laeeq Ahmed and discussed matter of mutual interests

Karachi, January 15, 2021 (PPI-OT): German Consul General Mr Holger Ziegeler on Thursday called on Administrator Karachi Laeeq Ahmed and discussed matter of mutual interests. The Administrator briefed Mr Holger Ziegeler about different projects of Karachi Metropolitan Corporation. Ahmed said that Germany made considerable development in every sector and model adopted for uplifting in German cities are commended acrosRead More…

Betterment was witnessed in Karachi Metropolitan Corporation in all district municipal corporations after posting of Administrators

Karachi, January 15, 2021 (PPI-OT): Sindh Local government Minister Syed Nasir Hussain Shah said that betterment was witnessed in Karachi Metropolitan Corporation in all district municipal corporations after posting of Administrators. Priority should be given to ongoing development schemes. The KMC has enough resources and if the same are utilised rightly there would be no need for any grant to KMC. We will request CRead More…

SECP aims to liberalize Non-Bank financial sector through promoting self-regulation

Islamabad, January 15, 2021 (PPI-OT): In pursuance of its reforms agenda for reforming the non-bank financial services, the Securities and Exchange Commission of Pakistan (SECP) has issued draft Self-Regulatory Organizations (Registration) Regulations, 2021 for soliciting public comments. These transformational regulations, being introduced for the first time under the SECP Act 1997, are intended to promote establishRead More…

Schools to Open with Strict Corona SOP’S: Minister Law Punjab

Lahore, January 15, 2021 (PPI-OT): Provincial Minister for Law, Parliamentary Affairs and Cooperatives Raja Basharat has said that schools and colleges are being opened for the 9th to 12th classes from January 18. However, the Health department has expressed concern that if SOPs are not fully implemented in educational institutions, could increase the rate of the epidemic, so a review meeting would be held on FebruarRead More…

609 petrol pumps have been sealed

Islamabad, January 15, 2021 (PPI-OT): Under the directions of Prime Minister Imran Khan, 609 petrol pumps have been sealed, and about 45 lac litres of petrol as well as diesel has been seized in the campaign against oil smugglers in the country. The campaign against oil smuggling, led by Ministry of Interior, is continuing unabated and showing significantly good results. If the sealed pumps do not show valid documentRead More…

President Dr Arif Alvi asked Ambassador-designate of Pakistan to Mexico to make concerted efforts for promotion of relations with Mexico

Islamabad, January 15, 2021 (PPI-OT): President Dr Arif Alvi has asked Ambassador-designate of Pakistan to Mexico to make concerted efforts for promotion of relations with Mexico in diverse fields including trade, investment, culture, tourism and education. He stated this while talking to the Ambassador-designate of Pakistan to Mexico, Dr Aman Rashid, who called on him, at Aiwan-e-Sadr, today. The President said thatRead More…